Economics 7344 
Macroeconomic Theory II
Spring 2004


 



Syllabus

Reading Guide for Midterm 1.

Last years Midterm 1. (The first 4 questions are in material not covered yet .)

Last years Final.

Last years 1st Comprehensive.

Last years 2nd Comprehensive.

Detailed Syllabus for exam

 

NOTE: Final will be in McElhinney 117, 11am-1pm.

 

NOTE:  Faruk will have sessions Thursday and Friday. Check with Faruk about time and place Thursday.

 

TA  Session will be Friday noon-1 in Rm 212. Starting January 23.

Note: The TA session Friday March 26 is cancelled. Instead there will be a session Thursday March 25 at 11.30am

Midterm dates: February 23 and March 29  in class.

FINAL will be in last class on May 3rd
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Lecture Notes by John Driscoll of the Federal Reserve Board   (http://www.johncdriscoll.net)

(I recommend that you read Chapter 2  as a supplement to Romer’s Chapter 5).

Please send any comments (typos, errors, …that you may find) to John.C.Driscoll@frb.gov
 
 

Notes:
 (Some notes are recently written or re-written and may contain some errors or typos. Please let me know if you spot any.)
  Short Introduction to Time Series

  Permanent Income and Measurement Error in Consumption Functions

  The general Euler Equation and Hall's version of the PIH

  Excess Sensitivity, Rule-of-Thumb Consumers and IV estimation

  The Impact of Interest Rates on Consumption
  The Impact of Income "Shocks" on Consumption and ``Excess Smoothness' of Consumption"
  Ostergaard, Sorensen, Yosha, JPE 2002

  The Consumption CAPM



Homework

Assignment 

HW #1 

 pdf

HW #2

 pdf

HW #3

 pdf

HW #4

 pdf

HW #5

 pdf (Due date postponed to Wed March 3rd)

HW #6

 pdf

HW #7

 pdf

HW #8

 pdf

HW #9

 pdf

HW #10

 pdf